The European Bank for Reconstruction and Development (EBRD) announced its intention to launch the Green Economy Financing Facility-Lebanon (GEFF Lebanon) program, which aims to invest $200m in green projects in Lebanon. The facility is in line with EBRD’s Green Economy Transition initiative, which helps countries build low carbon-emitting economies through green investments, including in renewable Continue Reading
The expansion of Jounieh Highway will start before the end of the year, according to Ramzi Salman, CEO of Société D’Entreprises Abdul Rahman Hourie, the company which won the tender along with Consolidated Engineering and Trading (CET). The highway will be expanded to new width of 50 meters. It will include three lanes plus one Continue Reading
A study published by the International Finance Corporation on female participation in boards of directors in Lebanon shows that 50% of surveyed companies have one or more female corporate board members, with women representing 14% of all board members in Lebanon. The study covers a sample of 1,600 Lebanese companies, and uses data collected through Continue Reading
The Lebanese Parliament’s National Economy, Trade, Industry & Planning Committee issued three recommendations to improve the productivity of the public sector. First, the committee recommended that the Central Inspection Board, which monitors the activities of the public administration, should assess the current structure of state agencies by conducting a comprehensive survey to determine the number Continue Reading